Healthcare entities should be on high alert for signs of the BlackCat and Royal ransomware-as-a-service groups, warns the U.S. government, which characterizes the groups as “relatively new but highly capable” threats. The Department of Health and Human Services’ Health Sector Cybersecurity Coordination Center in a Thursday threat brief warns that BlackCat conducts triple extortion, meaning…

This year, ransomware-as-a-service (RaaS) groups like BlackCat, Hive, and RansomExx have developed versions of their ransomware in Rust, a cross-platform language that makes it easier to tailor malware to different operating systems like Windows and Linux. In this blog entry, we shed light on Agenda (also known as Qilin), another ransomware group that has started…

When it comes to ransomware, more companies are seeing attacks and have had data encrypted, according to research out this week. And even though more companies are backing up or paying ransom demands, less data was recovered in 2021 compared with the previous year. For instance, in its “State of Ransomware 2022” report, cybersecurity firm…

Highly lucrative Ransomware as a Service attacks poised to accelerate in 2017

Ransomware can be likened to global warming. It’s been around for years, but it’s now becoming an epidemic which needs serious attention. According to a recent survey conducted by Osterman Research, nearly 50% of U.S. companies experienced a “ransomware incident” over the last year. Without taking into account the number of unreported ransomware incidents, the…